Nova LifeStyle Inc. to Debut 30th Anniversary Collection at Summer Edition of Las Vegas Market
02 Mai 2022 - 12:50PM
Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or
the “Company”) is pleased to announce, Diamond Sofa, a wholly owned
subsidiary of the Company, is scheduled to launch its single
largest collection at the 2022 Summer Edition of Las Vegas
Market, July 24 to 28, 2022.Las Vegas Market is the
leading home furnishings and gift market in the western U.S.,
presenting thousands of furniture, home décor and gift resources in
an unrivaled market destination. Its diverse product offerings
allow for cross category commerce among these industries.
Tawny Lam, Chairperson and Chief Executive
Officer of Nova LifeStyle stated, “We are very excited to be
participating at the Las Vegas Market this summer where Diamond
Sofa will be launching its largest Collection ever. This launch is
indicative of our ongoing commitment to provide our customers with
an unprecedented amount of furniture and styles. We will be
introducing at least ten new frames, some with performance fabrics
for the first time due to the ongoing demand. We are also focusing
on natural materials, cane and rattan and broadening our range of
styles for case goods and dining. Excitement in the line entails a
high pre-commitment rate from customers with orders to the new
products before the containers' arriving, ensuring a swift built-in
yield, further bolstered by a position of inventory availability in
the face of unparalleled logistics and supply chain challenges
facing the entire industry.”
The new “30th Anniversary Collection” encompasses over 100
entirely new products in all categories of upholstery, case goods,
beds and dining- including those from Diamond Sofa’s expanded
sourcing from India. Focusing on exciting new fabric, material
choices and bold designs, a continuation of the complete product
revamp which propelled Diamond Sofa’s expansion over the past
several years – including sales and marketing initiatives in
overseas markets such as the Middle East and South America.
As reinforced at the recently concluded Spring
High Point Market, the Diamond Sofa’s nimble products renewed
customer engagement, and in the process attracted new customers in
all segments of traditional retail, e-commerce, staging and
interior design.
About Nova LifeStyle
Nova LifeStyle, Inc. is a well-established,
innovative designer and distributor of modern lifestyle furniture;
primarily sofas, dining room furniture, cabinets, office furniture
and related components, bedroom furniture, and various accessories,
in matching collections. Nova LifeStyle’s product lines include the
Nova Brands and Diamond Sofa (www.diamondsofa.com). Nova's products
feature urban contemporary styles that integrate comfort and
functionality, incorporating upscale luxury designs which appeal to
middle and upper middle-income consumers in
the USA, China, Southeast Asia, and elsewhere in the
world.Visit Nova LifeStyle's website
at www.NovaLifeStyle.com.Forward-Looking
Statements
This press release may contain forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including, among others, our ability to fully
resume our operations and remain financially healthy, our expected
future growth prospects. All statements other than statements of
historical fact are, or may be deemed to be, forward-looking
statements. In some cases, forward-looking statements can be
identified by the use of forward-looking terms such as
“anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,”
“may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,”
“objective,” “projection,” “forecast,” “goal,” “guidance,”
“outlook,” “effort,” “target,” “trajectory,” “focus,” “work to,”
“attempt,” “pursue,” or the negative of these terms or other
comparable terms. However, the absence of these words does not mean
that the statements are not forward-looking. These forward-looking
statements are based on certain assumptions and analyses made by us
in light of our experience and our perception of historical trends,
current conditions and expected future developments, as well as
other factors we believe are appropriate in the circumstances.
Investor Relations ContactAndrew Barwicki 516-662-9461
andrew@barwicki.comir@novalifestyle.com
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